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Getting Started on the Path to Wealth

By Kevin

In this world, some of us are rich, some of us not so rich. Some of us are lucky enough to be born into wealth, but most of us have to work for it. However, even if you are not currently wealthy, it is always possible for you to get started on the road to… [Read More]

Filed Under: Book Reviews, Growing Your Wealth, Opinion, Philosophy, Saving Your Money Tagged With: Babylon, money, personal growth, savings, wealth

Gold as an Investment: Performance over Time

By Kevin

Chart of the federal funds effective rate, from 1975 to 2010.

Last week, I introduced gold and talked about the allure of this precious metal. Due to gold’s spectacular rise in recent years, interest in the yellow metal has been increasing. Ever since the 2008 financial crisis and the subsequent efforts of governments to stimulate their economies, people have been increasingly taking a hard look at… [Read More]

Filed Under: Investing, Market Analysis, Opinion, Precious Metals Tagged With: currency depreciation, debt, gold, Greece, inflation, interest rates, sovereign risk, speculative bubble, store of value, Wilshire 5000

Canadian Dollar and US Dollar at Parity, Once Again

By Kevin

The Canadian Dollar and the US Dollar are at par, once again! The last time this happened was back in September 2007, and the time before that was in November 1976. Great… I’m Canadian! So now what can I do? Well, if you don’t live far from the U.S. border, now might be a good… [Read More]

Filed Under: Miscellaneous, Opinion, Saving Your Money Tagged With: Canada, currency, currency depreciation, foreign exchange, parity

Happy Easter

By Kevin

It’s Easter weekend, the weather is great, and spring has begun. It’s time to do some spring cleaning, look over our old investments, habits, and way of doing things, toss out the bad, and continue on with the good. I personally took care of some paper work and taxes (!) that I had been procrastinating… [Read More]

Filed Under: Miscellaneous, Weekend Reading Tagged With: Easter, spring, spring cleaning

Interest Rate Mania: Where is the Housing Market Going?

By Kevin

Housing Prices and Income in Canada, 2010

Lately, there’s been increasing interest on where interest rates are going (no pun intended), especially as the housing market in Canada has been running hot, with many projects available and many renters looking to buy. Until recently, the ongoing consensus was that the recovery was still fragile, inflation was somewhere far in the future, and… [Read More]

Filed Under: Investing, Market Analysis, Opinion, Real Estate Tagged With: Canada, finance, home ownership, housing bubble, inflation, interest rates, mortgages, planning, renting

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About Invest It Wisely

Invest It Wisely is about evaluating the choices that each of us face everyday. It’s about investing your time, your money, and your energy wisely, in order to achieve your goals. The end goal is maximizing your life expectation, and exploring the ways to get there.

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